Marijuana Company Of America Inc (NASDAQ:MCOA) Director Charles John Larsen sold 865,367 shares of the business’s stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $0.02, for a total transaction of $17,307.34. Following the completion of the sale, the director now directly owns 409,310,251 shares of the company’s stock, valued at $8,186,205.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Marijuana Company Of America Inc (NASDAQ MCOA) traded down 3.9548% during mid-day trading on Thursday, reaching $0.0255. 2,586,982 shares of the company’s stock traded hands. The stock’s market capitalization is $50.36 million. The stock has a 50-day moving average price of $0.03 and a 200-day moving average price of $0.04. Marijuana Company Of America Inc has a 12-month high of $0.20.

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Marijuana Company Of America Company Profile

Marijuana Company of America, Inc, formerly Converge Global, Inc, is a development-stage company. The Company is a cannabis marketing and distribution company that distributes medical cannabis products. The Company provides product sourcing, branding, payment, distribution and knowledge through an architecture structure to maintain customer loyalty and capture market share.